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Arvada Townhome Development Opportunity
For Sale
$2,995,000

5495 W 60th, Arvada, CO 80003

Shovel-ready 2.55-acre parcel for 40 townhome units near light rail.

Property SizeContact for details
Lot Size2.55 Acres
Days on Market232

Property Features for 5495 W 60th

General Information

Standard status Active
Lot size 2.55 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $824

Amenities

Level
Listing Agency: Real Broker, LLC DBA Real
Listed By: JESSE TRUMAN · License #040043526
Source: Corcoran
Added: Jan 9 Changed: Aug 8 Last Checked: Aug 29 at 8:06AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Broker, LLC DBA Real

Investment Insights

Based on property information with market context.

This 2.55-acre parcel is a shovel-ready project for a 40-unit townhome development. The property is located in Arvada, adjacent to the Gold Strike Light Rail Station at 60th and Sheridan. The development is currently permit-ready for 40 townhome units. These units have been efficiently designed to appeal to buyers' wants and needs while also maximizing the builder's potential profitability. The site location provides easy access to Sheridan, I-76, and I-70. Proximity to light rail is attractive to future buyers, as well as the developer, who will have decreased affordable housing fees with the City of Arvada because of the proximity within 0.5 miles of a light rail station. This parcel is directly adjacent to a recent and successfully developed multi-family residential project that is completely sold out.

Key Highlights

  • Permit‑ready for 40 townhome units, making it 100% shovel‑ready
  • Excellent location in the heart of Arvada, adjacent to the Gold Strike Light Rail Station
  • Proximity to light rail reduces affordable housing fees with the City of Arvada

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Hair Salon Skin Care Clinic Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

786
Businesses Nearby

Demographics for 80003, CO

36,258
Population
14,193
Households
2.6
Avg Household Size
37
Median Age
33%
College-Educated
92%
High-School Grad
6.6 sq mi
ZIP Area
5,494
Density / Sq Mi
$82,754
Median Household Income
$51,667
Median Earnings
$1,729
Median Rent
$486,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Shovel-ready 2.55-acre parcel for 40 townhome units near light rail.
Where is this residential land & home lot located?
The property is located at 5495 W 60th Arvada, CO.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: Permit‑ready for 40 townhome units, making it 100% shovel‑ready; Excellent location in the heart of Arvada, adjacent to the Gold Strike Light Rail Station; Proximity to light rail reduces affordable housing fees with the City of Arvada
More about this property
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